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Technology Stocks : Oracle Corporation (ORCL) -- Ignore unavailable to you. Want to Upgrade?


To: Tech Master who wrote (6717)4/3/1998 3:31:00 PM
From: dave  Read Replies (3) | Respond to of 19080
 
Tech Master,

you're right! A few times today I have felt pressured to sell due to dwindling profits (in at 24). The only thing that keeps me from doing this are the large blocks (100,000 and greater) that are coming across my time and sales screen at the outside ask. It is very evident that there is a controlled downward movement so some market makers can pick up a substantial amount of ORCL at a discount.

dave



To: Tech Master who wrote (6717)4/3/1998 4:26:00 PM
From: Sabrejet  Respond to of 19080
 
TM, well so much for my support level! Still holding all my shares. Selling now is a waste of money and may even add to my position if it slides more. Ellison is a guy that will do ANYTHING to get this stock moving. He doesn't always make the right moves but he fights for the dollar. I like that and that's why I don't sell. Reminds me of Dell.

There has been heavy block buying and am convinced that although I can't predict everything that happens, I've been around long enough to have seen this movie played before!

That's why I like the NAZ!

seczebra